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Global Market Study on White Spirits: Paint Thinner Segment Projected to be the Most Attractive Application Segment During 2017 – 2025

Report Description

According to the latest published report of Persistence Market Research titled White Spirits Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),” strengthening partnership and increasing production capacity are the two strongest pillars of growth for white spirits businesses over the forecast period. While examining the global white spirits market, our analysts have observed that key vendor’s emphasis is on oversea business development and sales, apart from domestic market. Utmost importance is given to key strategies such as market footprint expansion, product development and increased sales turnover which are employed by manufacturers. Our team of experts have found that application segment is expected to remain dominant over the projected period, while APEJ and North America are likely to lead the global white spirits market during the predicted period.

The study provides market dynamics that are expected to influence the current environment and future status of the global white spirits market during the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the global white spirits market. The report discusses how the overall competition in the market is steadily increasing. It discusses various factors that are shaping internal as well as external competition in the market. The report provides a market outlook for the predicted period and sets the forecast within the context of the global white spirits market, including product offerings for key applications in the global white spirits market.

Structure of the global white spirits market report

The report includes an executive summary, market definition and overview, drivers, trends, opportunities and restraints. While studying the market, product-wise weighted Average Selling Price (ASP) has been considered to deduce market values. Macroeconomic indicators such as GDP, industrial production index, and solvents production have been considered while forecasting market numbers. Only petroleum based feedstock – solvents are considered i.e. bio-based solvents are not considered while inspecting this market.  Top-down approach has been used to assess market numbers for each category while bottom-up approach has been used to counter validate the market estimations. Market volume represents consumption and value indicates revenue generated from sales. All values for market size are in US$ (US Dollar). We have concluded the report with a competitive landscape which provides report audiences with a dashboard view. Detailed profiles of manufacturers are also included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the global white market.

Key segments in the global white spirits market

By Product Type

  • Type 1
  • Type 2
  • Type 3
  • Type 0

By Application

  • Paint Thinner
  • Cleaning Solvent
  • Degreasing Solvent
  • Fuel
  • Disinfectant
  • Others

By Grade

  • Low Flash Grade
  • Regular Flash Grade
  • High Flash Grade

By Region

  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Rest of APAC
  • Global Market Overview
    • North America
    • Latin America
    • Europe
    • Middle East & Africa

Research Methodology

Over 35 successful primary interviews across the region are conducted to examine the global white spirits market. A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, GBI, Genios and Meltwater. Companies’ annual reports and publications were also examined while studying the global white spirits market. Market size and forecast for each segment have been provided in the context of global and regional markets. The global white spirits market has been analysed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional white spirits manufacturers, suppliers, and distributors.

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